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The corporation’s CEO needs To optimize the credit card debt degrees about the High County’s equilibrium sheet and using the personal debt proceeds to pay back the financial debt. It's assumed that the maximum amount of credit card debt would be held 50% of the overall fairness just after deducting The present liabilities from the full belongings. The debt stage equalled to $four.862 million (See Appendix six) following the proposed debt maximization assumption.

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